SUBROGATION AND INDEMNITY. the Obligor cannot be reimbursed by the Borrower or any other Obligor until the Lender has received payment in full of the Amount Outstanding and each Obligor has performed and complied with the Secured Obligations.
Appears in 18 contracts
Samples: Loan Agreement General Terms, Loan Agreement General Terms, Loan Agreement General Terms
SUBROGATION AND INDEMNITY. the Obligor cannot be reimbursed by the Borrower or any other Obligor until the Lender NBS has received payment in full of the Amount Outstanding and each Obligor has performed and complied with the Secured Obligations.
Appears in 1 contract
Samples: www.nbs.co.nz
SUBROGATION AND INDEMNITY. the The Obligor cannot be reimbursed by the Borrower Borrower, or any other Obligor until the Lender has received payment in full of the Amount Outstanding and each Obligor has performed and complied with the Secured Obligations.
Appears in 1 contract
Samples: Loan Agreement
SUBROGATION AND INDEMNITY. the The Obligor cannot be reimbursed by the Borrower or any other Obligor until the Lender has received payment in full of the Amount Outstanding and each Obligor has performed and complied with the Secured Obligations.
Appears in 1 contract
Samples: Loan Agreement General Terms